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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

Which TWO of the following are activities associated with setting up a new IT system?

Options:

A.

Service support

B.

Database management

C.

Design and development

D.

Testing

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Question 2

Which of the following statements best describes data extraction?

Options:

A.

The process of harvesting data from source databases and locations

B.

Examining the data to understand its content formats and structure.

C.

Data being processed into the destination database ready for use.

D.

Storing data in a systematic and logical way ready for further interrogation.

Question 3

Which of the following is a reason why businesses need to prepare statutory reports?

Options:

A.

To inform the investors how profitable the business is.

B.

To help compare budget with actual performance.

C.

To decide on their foreign exchange hedging policy.

D.

To ensure they have enough inventory on hand for production.

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